> No, it's the rich middle class

The "no" is incorrect. Some people use it to refer to the upper middle class. But this betrays the term's original Revolutionary as well as Marxists roots, and I'd argue, is inherently incorrect.

The main reason we blur these lines is because we want to call our poor middle class. And our rich don't want to admit that we're rich.

> it's the upper middle class that own the businesses and factories

I.e. everyone with a 401(k). (Two fifths of Americans have no material shareownership.)

If you don’t own equities or real estate in America, you’re poor. If you do, you’re middle class or rich. And if you’re middle class or rich and confused which you are, if you have ever chartered a private plane you’re rich, if you haven’t you’re the bourgeoisie.